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Global Market For Medical Sterilization Equipment And Services To Register Healthy 6.75% CAGR Between 2016 And 2021

Press Release   •   Feb 17, 2017 11:34 IST

A new market research study has been recently added by MarketResearchReports.biz to its comprehensive collection of research studies. The research report, titled “Global Medical Sterilization Equipment And Services Market: Trends, Opportunities And Forecasts (2016-2021) (By Temperature -High Temperature, Low Temperature, Radiation; By Sterilization Methods - Dry Heat, Steam, Heated Chemical Vapor, Chemical, Radiation, Glass Bead Sterilizers; By Services – In-House, Contract Sterilization; By Region- North America, Europe, Asia Pacific, Latin America, Middle East And Africa, Key Players, Regulations),” provides a detailed analysis of the market, including the market overview, product segmentation, current market trends, drivers and barriers, major geographical segments, and vendor analysis.

According to the research report, the global market for medical sterilization equipment and services is projected to exhibit a progressive 6.75% CAGR between 2016 and 2021. The rapid growth of the market can be attributed to the growing emphasis on maintaining a hygienic environment in healthcare facilities. In addition, the rising number of surgical procedures where infections can rise post-surgery and the increasing number of healthcare facilities across the globe focusing on providing proper hygiene during the application of medical devices is driving the medical sterilization equipment and services market.

In recent years, a high percentage of GDP in several countries has been allocated to the healthcare sector, owing to which there is a substantial rise in the number of healthcare centers across the globe. As a result, there has been a tremendous increase in the number of surgical procedures worldwide. The more the number of surgeries performed, the higher the prevalence of post-surgery infections, which can also prove to be fatal for the patients. This has encouraged additional measures for sterilization equipment, leading to rapid growth of the global market for medical sterilization equipment and services in the forecast period.

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Currently, the global market for medical sterilization equipment and services is led by the moist heat sterilizers segment, owing to the increased application of autoclave sterilizers for medical devices. The global market for medical sterilization equipment and services has been divided on the basis of geography into North America, Latin America, the Middle East and Africa, Asia Pacific, and Europe. Among these regions, presently, North America accounts for the largest share in the overall market. However, Asia Pacific is estimated to witness rapid growth owing to the growing healthcare infrastructure in the region.

Furthermore, the research report covers the vendor analysis of the global market for medical sterilization equipment and services, focusing on the company overview, contact information, inception details, company policies, financial overview, SWOT analysis, and major developments and events. Some of the prominent players operating in the global market for medical sterilization equipment and services are Synergy Health PLC, Tuttnauer, 3M, Cantel Medical Corporation, Getinge Group, Metall Zug AG, TSO3 Inc., Belimed AG, Steris Corp, Sterigenics International, Inc., and Kimberly-Clark Corp.

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